Gore Street Energy Storage Fund (LON:GSF - Get Free Report) shares shot up 2.1% during mid-day trading on Tuesday . The stock traded as high as GBX 49.19 ($0.62) and last traded at GBX 48.90 ($0.62). 1,286,945 shares were traded during trading, a decline of 18% from the average session volume of 1,577,060 shares. The stock had previously closed at GBX 47.90 ($0.60).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Gore Street Energy Storage Fund in a report on Tuesday, January 21st.
Check Out Our Latest Analysis on GSF
Gore Street Energy Storage Fund Trading Up 0.4 %
The stock has a market cap of £251.78 million, a P/E ratio of -42.22 and a beta of 0.31. The company has a 50-day moving average price of GBX 48.35 and a two-hundred day moving average price of GBX 53.98.
Gore Street Energy Storage Fund (LON:GSF - Get Free Report) last released its earnings results on Thursday, December 12th. The company reported GBX (3.10) (($0.04)) earnings per share for the quarter. Gore Street Energy Storage Fund had a negative net margin of 80.72% and a negative return on equity of 1.04%. As a group, equities analysts forecast that Gore Street Energy Storage Fund will post 2.9007634 earnings per share for the current fiscal year.
Gore Street Energy Storage Fund Announces Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 24th were given a GBX 1 ($0.01) dividend. This represents a yield of 1.98%. The ex-dividend date of this dividend was Tuesday, December 24th. Gore Street Energy Storage Fund's dividend payout ratio (DPR) is presently -691.37%.
Gore Street Energy Storage Fund Company Profile
(
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Launched in 2018, Gore Street Energy Storage Fund plc is London's first listed energy storage fund. The Company is the only UK-listed energy storage fund with a diversified operational portfolio located across four grids. It is listed on the Premium Segment of the London Stock Exchange and included in the FTSE All-Share Index.
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